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  • May 23, 2023 | agfax.com | USDA Opens Full-Time

    The following prices are effective from Wednesday 05/24/2023 at 12:01 am Eastern Time until midnight Tuesday 05/30/2023. The next announcement is scheduled for Tuesday 05/30/2023 at 3:00 pm Eastern Time. $424.68 per ton for Runner peanuts$413.41 per ton for Spanish peanuts$428.31 per ton for Valencia peanuts$428.31 per ton for Virginia peanutsThese NPP are based on the loan rates for 2022-crop peanuts announced on July 6, 2022.

  • May 23, 2023 | agfax.com | USDA Opens Full-Time

    ARC (Agriculture Risk Coverage) and PLC (Price Loss Coverage) commodity program payments for the 2021 crop year are discussed (see Data Note). They were recently released by USDA, FSA (US Department of Agriculture, Farm Service Agency). Payments were limited with high prices a key reason. However, the outcome of decisions by farmers also was a reason. PLC made higher average payments per base acre for only 4 of the 22 program commodities that farmers had put more base acres into PLC.

  • May 23, 2023 | agfax.com | USDA Opens Full-Time

    Syngenta and FMC to bring to market breakthrough technology to control rice weeds in Asia. Photo: Business Wire Syngenta Crop Protection and FMC Corporation have announced an agreement to bring to market a breakthrough technology to control grass weeds in rice in Asia.

  • May 22, 2023 | agfax.com | USDA Opens Full-Time

    Young rice at flood. ©Debra L Ferguson In the south, long and medium grain milled rice steady. Parboiled prices steady. Second heads and Brewers steady. Rice by-products: Rice Bran, Millfeed and Rice Hulls mostly steady. In California, medium grain milled rice steady to firm. Second heads and Brewers steady to firm. Rice by-products: Rice Bran and rice hulls steady.

  • May 22, 2023 | agfax.com | Jeff Thompson |USDA Opens Full-Time

    Though still in the confines of a seven-month-long trading range, excitement was rampant last week as July futures traded within 150 points of the top end. Reaching 87.98, its highest level since early February, it closed the week at 86.72 for a gain of over six cents. Such a move was most unexpected as it defied the grain markets, and a host of negative influences still exist.

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